The revised rules, effective from 1 February 2024, will allow a more comprehensive and integrated way of managing counterparty credit risks, the FSC said.
January 19, 2024The circular lists examples of events that may trigger ongoing disclosure requirements by management companies of ETFs.
January 3, 2024With Coinbase leaving the market, Japanese VASPs using TRUST will likely have to switch to a different travel rule solution.
February 7, 2023GLEIF will publish new open-source relationship files monthly which will map Market Identifier Codes pertaining to legal entities to the corresponding LEIs.
November 16, 2022ISDA says the revised draft incorporates several comments it made in its submission to the consultation on the first draft.
October 28, 2021SEBI says mutual fund schemes may enter into plain vanilla interest rate swaps for hedging purposes.
June 23, 2021Recent bankruptcies by FIs have "fully proved" that close-out netting can be guaranteed in the resolution stage, a CBIRC official said at ASIFMA's China Capital Markets Week.
April 22, 2021The global exposure to financial derivatives must not exceed 20% of the qualifying fund's net assets, up from 10% previously.
January 29, 2020In a joint consultation, the HKMA and SFC propose to mandate the use of UTIs in OTC derivatives trade reporting, and to discontinue masking relief for all jurisdictions but China.
April 29, 2019Jurisdictions are increasingly seeking guidance on implementing legislation to ensure the enforceability of close-out netting, the "single most important risk mitigation tool in derivatives markets".
October 17, 2018